Tuesday, March 17, 2026
The Colombian Superintendence of Industry and Commerce (SIC) has announced revised corporate integration fees for 2026, covering mergers, acquisitions, and other corporate integration processes. The adjustments, outlined in Resolution No. 40806 of 27 January 2026, were published on the SIC website on 31 January 2026. Under the new schedule, the notification stage fee is set...
Sri Lanka’s Inland Revenue Department (IRD) has issued a reminder to taxpayers carrying on the business of bookmakers and gaming to make the Levy payment on the gross collection for January 2026 on or before 7 February 2026. Under the current rules, a levy at the rate of 18% on the gross collection of a...
The US has removed the 25% additional tariff on goods imported from India after President Donald Trump signed an executive order, “Modifying Duties to Address Threats to the US by the Government of the Russian Federation”. The order took effect at 12:01 a.m. Eastern Standard Time on 7 February 2026, following a trade agreement announced...
Italy’s Revenue Agency has clarified on 9 February 2026 that funds withheld by Renewable Energy Communities (CERs) from member incentives fall outside VAT regulations and don’t count as taxable revenue. According to the Response No. 22/2026, the Agency addressed how CERs should treat withheld portions of incentives from the Electronic Services Manager (GSE). The ruling...
The Nigeria Revenue Service (NRS) has ended the road infrastructure tax credit programme on 5 February 2026, citing its inability to verify construction projects completed under the initiative. NRS Chairman Zacch Adedeji announced the decision, explaining that project verification falls outside the agency’s legal mandate. He emphasised that approving tax credits for road construction constitutes...
US President Donald Trump signed an executive order, “Addressing Threats to the United States by the Government of Iran,” on 6 February, which imposes additional tariffs on imports from countries that trade with Iran, building upon decades of US sanctions dating back to 1995. A fact sheet on the executive order has also released on...
Italy’s Revenue Agency has clarified in Response No. 25 on 9 February 2026 that agricultural businesses that determine income from cadastral (land registry) records can access the tax credit for investments in the Single Special Economic Zone (ZES) of Southern Italy, even when using simplified accounting methods. The clarification addresses concerns from an agricultural entrepreneur...
Nicaragua’s tax authority (DGI) issued Notice No. 019-02-2026 on 2 February 2026, establishing tax compliance deadlines for taxpayers with annual income below NIO 60 million. The notice specified that the filing deadline for January 2026 tax returns was 5 February 2026. Furthermore, the DGI outlined the following payment schedules: Taxpayer category Tax obligation Declaration deadline...
China’s Ministry of Finance and the State Taxation Administration have issued Announcement No. 15 of 2026 on 30 January 2026, in which it issued provisional rules clarifying the deduction of input VAT on long-term assets, with a particular focus on so-called “mixed-use” assets. The rules are set out in an attachment to Announcement No. 15...
Romania has published Order no. 164/2026, which amends Order no. 1644/2022 in the Official Gazette No. 91 on 4 February 2026. The order revises the reporting requirements for cash-on-delivery shipments by postal service providers. The amendments build on Law 239/2025, which established a logistics tax effective 1 January 2026. This legislation requires postal operators and...